NOCTON COTTAGE, GOOSEGATE LANE, FOSTON, GRANTHAM, NG32 2LB - £390,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

NOCTON COTTAGE is a small extended detached house of 109m², built sometime before 1900. It was last sold for £390,000 in May 2024, which was around 6% above the average May 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

NOCTON COTTAGE Sold Prices

Land registry data shows four sales for NOCTON COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Two of the four NOCTON COTTAGE sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 10 MAY	£390,000	£366,378	6% above HPI
2009 18 SEP	£200,000	£200,264	Close to HPI
2004 12 MAY	£185,000	£190,354	3% below HPI
1996 16 OCT	£87,000	£73,539	18% above HPI

NOCTON COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four NOCTON COTTAGE sales between October 1996 and May 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2024 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is NOCTON COTTAGE?

NOCTON COTTAGE is 109m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Foston, based on EPC data. The below chart shows the distribution of detached houses by size in Foston, and where NOCTON COTTAGE lies on this distribution: 30% of detached houses are smaller than NOCTON COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Foston.

NOCTON COTTAGE: Plot and Title Map

NOCTON COTTAGE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of NOCTON COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of NOCTON COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is NOCTON COTTAGE?

NOCTON COTTAGE is located on GOOSEGATE LANE in FOSTON, in the NG32 postcode district. The below map shows the position of NOCTON COTTAGE on GOOSEGATE LANE.